The Eskom board says it remains committed to the task of restoring the entity

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 75%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Interim board chair, Prof Malegapuru Makgoba says the board has full confidence in newly appointed Group CEO, André de Ruyter.

The Eskom board announced in a statement on Sunday that it remains committed to the “challenging task of restoring” the power utility, following the appointment of Prof Malegapuru Makgoba as its interim chair.

“Good corporate governance dictates that the Lead Independent Director, Professor Makgoba, steps in as Chairman pro tem. This has been done and an appointment letter was issued by the Shareholder earlier last week. Makgoba said: “We welcome the announcement by His Excellency, President Cyril Ramaphosa last weekend, that the Board would be strengthened and capacitated in line with the commitment made by the shareholder ministry late last year. The Board fully supports the need for this to be done as a matter of urgency to enable us to fulfil our mandate.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

IT WILL COST THE SAME TO BUILD NEW HY-DROME PLANT THAT CAN GEN 10 000 MW FOR S.A THAN TO REFURBISH & MAINTAIN THE BOILERS FOR ESKOM BUT THE PRESIDENT GETS RESTRAINED BY OFFICIALS INSIDE THE ENERGY DEPT. & PRESIDENCY TO KNOW OF A SOLUTION THAT HE & S.A PRAYS FOR

It will cost the same to build a NEW HY-DROME PLANT THAT CAN GEN 10 000 MW FOR S.A THAN TO REFURBISH & MAINTAIN THE BOILERS. BUT THE PRESIDENT GETS RESTRAINED BY OFFICIALS INSIDE THE ENERGY DEPT. & PRESIDENCY TO KNOW OF A SOLUTION THAT HE & S.A PRAYS FOR

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ANC top brass expected to discuss EskomThe ANC’s national executive committee (NEC) will discuss the turmoil at Eskom but not “individual deployments”. There should be a bold full stop at the end of that sentence to highlight the essence of our constitution. i hope this too🤒 We know that, but it's citizens you vote ANC into power moes
Source: TimesLIVE - 🏆 28. / 59 Read more »

Pravin Gordhan defends government’s role in EskomThe minister says the government is within its rights to hold Eskom board members accountable — which is not the same as interfering Gordhan will hide around this state capture thing until his term ends Liar PravinMustGo
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Why many more dark days remain ahead for EskomEnergy analyst Chris Yelland talks to Business Day TV about the dire state of the energy utility
Source: BDliveSA - 🏆 12. / 63 Read more »

No load shedding is expected over the weekend, says Eskom | IOL NewsEmergency reserves are also available to supplement capacity, if necessary, the state-owned power utility said. LoadShedding Eskom
Source: IOL - 🏆 46. / 51 Read more »

JOHN DLUDLU: ANC meddling shows Eskom is still a lucrative feeding troughAfter a new burst of jostling, the president is being asked to choose between saving himself or Pravin Gordhan
Source: BDliveSA - 🏆 12. / 63 Read more »

Calls to put Eskom at minerals and energy is 'an attack on Ramaphosa' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Ahmed Kathrada Foundation says calls for Eskom to be placed under the Department of Mineral Resources and Energy, is an attack on President Cyril Ramaphosa's leadership and weakens his arsenal in the fight against state capture and corruption. How so? Bullshit Please break it down for us to understand thoroughly
Source: SABC News Online - 🏆 32. / 51 Read more »